Colliers Manufactured Housing & RV Group, serving as the exclusive agent for the Owner, presents the offering to acquire the Michigan Outdoor RV Portfolio, a 717-site RV/Campground portfolio located throughout Michigan. The portfolio features abundant amenities and a myriad of Lake or River frontage and water access at most of the resorts.

The asking price for the portfolio is $10,000,000 ($13,947/site). This represents a ~17.8% stabilized yield.

This provides the opportunity for a buyer to purchase non-stabilized properties at a price well-below replacement cost and stabilize the portfolio at a high double-digit unlevered yield while maximizing on management efficiencies.

Historically operated as a membership property the seller is ending all obligations to members at sale.

The properties are well located across popular seasonal vacation destinations in Michigan with great weather and picturesque natural scenery.

The properties are available to be purchased as a portfolio or separately.

https://www.crexi.com/properties/1757319/michigan-michigan-outdoor-rv-portfolio

Kari.Pell@Colliers.com
904 207 3696

MHRVGroup@Colliers.com
561 479 1588

Lake of the North (West Branch, MI): https://www.crexi.com/properties/1814102/michigan-lake-of-the-north-resort

Grand Haven (Grand Haven, MI): https://www.crexi.com/properties/1814021/michigan-grand-haven-campground

Wilderness (Omer, MI): https://www.crexi.com/properties/1814061/michigan-wilderness-resort

Rifle River (Sterling, MI): https://www.crexi.com/properties/1814085/michigan-rifle-river-resort